In 1977, the government filed suit against T.J. Starker (T.J. Starker v. U.S., 431 F. Supp. 864 D. C. Ore. 1977). This time the court, the same one that ruled in Starker I, found that there was no exchange and that a taxable sale had taken place. This case reversed the first decision. Judge Solomon wrote he was mistaken in Starker I and stated, “My opinion in Starker I has been given wide...

Experience and Expertise Matter: Working with The Exchange Connection to conduct a 1031 exchange (Section 1031 of the Internal Revenue Tax Code sometimes called a StarkerExchange) brings peace of mind, security, and financial benefit. We lead the Like Kind Exchange Industry by providing education, information and services to industry professionals and consumers, alike. Real Estate Agents,...

Saving on capital gains tax puts an investor on the road to wealth. That is why a §1031 Exchange is so important: Without it, an investor pays taxes every time they move from one investment property to another. Real estate investors and business property owners looking for tax relief from capital...

Starker X, Ltd. has two CPAs with a total of 43 years of experience. We have a full tax library and online research capability. Therefore, most questions and planning issues will be covered in our regular fees. However, some complicated exchanges may require additional research, such as resolving...